Silva, Hugo Emilio; Lindsey, Robin; Palma, André de; … - Tinbergen Instituut - 2014
This paper investigates the existence and uniqueness of equilibrium in the Vickrey bottleneck model when each user … results. First, a pure strategy Nash equilibrium (PSNE) may not exist. Second, if a PSNE does exist, identical users may incur … appreciably different equilibrium costs. Finally, a multiplicity of PSNE can exist in which no queuing occurs but departures begin …